Fund Accounting - Engagement Manager (SBIC)

Standish Management, LLC; Chicago (IL); On-site; USD 90,000 - 110,000; Full time

Benefits offered by this job

Medical/dental/vision coverage

Life insurance

401(k) plan

Flexible vacation

Sick time accrual

Year-end office closure

Flexible work environment

Job summary

Standish Management, LLC is seeking a Manager to oversee multiple client relationships and guide their client service team to deliver superior service. The role centers on SBA compliance reporting, capital activity oversight, and fund accounting leadership.

The candidate will mentor Senior Associates and Associates, coordinate with internal teams, and drive efficiency across processes while ensuring timely year-end audits and strong client partnerships.

Qualifications

• Bachelor’s degree in accounting or related field.
• 5+ years of public accounting experience or equivalent.
• Leadership experience in private equity, venture capital, private credit, or fund administration.
• Strong understanding of partnership accounting, capital activity, waterfalls, allocations, and carried interest calculations.
• Experience preparing or reviewing fund financial statements under US GAAP.
• Advanced Microsoft Excel skills, including complex formulas, financial modeling techniques, and data analysis tools.
• Ability to leverage technology and automation tools to improve operational efficiency.
• Able to multitask and perform tasks under strict deadlines.
• Experience delegating, training and supervising staff.
• Experience managing client relationships.
• Professional verbal and written communication skills.
• Attention to detail and strong organizational skills.

Responsibilities

• Manage and oversee the SBA compliance reporting process, including SBA Form 468 preparation.
• Review capital call & distribution calculations and letters.
• Review waterfalls and partner capital account statements.
• Coordinate with internal teams on client deliverables as needed.
• Coach, mentor, and develop Senior Associates and Associates through performance feedback, technical training, and career development planning.
• Daily client and team member interaction.
• Assist with special projects as needed.
• Perform internal administrative tasks, including document management and time tracking.
• Review processes and make recommendations on how they can become more efficient.
• Lead client discussions, provide technical guidance, and proactively identify opportunities to improve service delivery.
• Partner with clients and auditors to ensure timely and accurate execution of year end audits.
• Act as a trusted advisor by providing insights, recommendations, and solutions to complex fund accounting and operational matters.

Skills

Public accounting expertise

Fund accounting

US GAAP knowledge

Advanced Excel

Leadership & mentoring

Client relationship management

Communication skills

Time management

Education

Bachelor’s degree in accounting or related field

Tools

Excel advanced formulas

Financial modeling

Job description

Job Description

The manager will manage multiple client relationships, ensuring superior client service with their client service team members.

Essential Functions

• Manage and oversee the SBA compliance reporting process, including SBA Form 468 preparation
• Review capital call & distribution calculations and letters
• Review waterfalls and partner capital account statements
• Coordinate with internal teams on client deliverables as needed
• Coach, mentor, and develop Senior Associates and Associates through performance feedback, technical training, and career development planning
• Daily client and team member interaction
• Assist with special projects as needed
• Perform internal administrative tasks, including document management and time tracking
• Review processes and make recommendations on how they can become more efficient
• Lead client discussions, provide technical guidance, and proactively identify opportunities to improve service delivery
• Partner with clients and auditors to ensure timely and accurate execution of year end audits
• Act as a trusted advisor by providing insights, recommendations, and solutions to complex fund accounting and operational matters

Minimum Requirements

• Bachelor’s degree in accounting or related field
• 5+ years of public accounting experience or equivalent
• Leadership experience in private equity, venture capital, private credit, or fund administration
• Strong understanding of partnership accounting, capital activity, waterfalls, allocations, and carried interest calculations
• Experience preparing or reviewing fund financial statements under US GAAP
• Advanced Microsoft Excel skills, including complex formulas, financial modeling techniques, and data analysis tools
• Ability to leverage technology and automation tools to improve operational efficiency
• Able to multitask and perform tasks under strict deadlines
• Experience delegating, training and supervising staff
• Experience managing client relationships
• Professional verbal and written communication skills
• Attention to detail and strong organizational skills

Stand Out Qualifications

• CPA
• Knowledge of SBIC accounting and SBA regulatory reporting
• Experience with fund accounting platforms such as Investran, Allvue, Geneva, or similar systems

Benefits

• Comprehensive medical, dental, vision coverage, along with life insurance, Health Savings Account and Flexible Spending Account options
• Comprehensive disability/maternity and paternity plans
• 401K
• Flexible Vacation Plan
• Sick Time Accrual Plan
• Standard holidays along with year-end office closure
• A flexible work environment for all employees

Compensation Range: $100,000+ annually

• Actual compensation within that range will be dependent upon the individual's skills, experience and qualifications.